A Technical Innovation in a Firm Would

question 43

Multiple Choice

A technical innovation in a firm would:

• A) Shift each isoquant away from the origin.
• B) Shift each isoquant toward the origin.
• C) Cause more to be produced with more capital and less labour.
• D) Cause more to be produced with more labour and less capital.

Comprehend the role of modern agricultural techniques, including the use of pesticides, insecticides, and synthetic fertilizers, in meeting food demand.

Recognize the classifications and functions of biological molecules such as lipids and carbohydrates.

Identify components and significances of fingerprints, including organic and inorganic elements.

Understand the structure, creation, and difference between saturated, unsaturated, and trans fats.

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Definitions:

Cotton-Polyester Blend

A fabric made by combining cotton and polyester fibers, known for its durability, wrinkle resistance, and easy care.

Sales Presentation

A pitch or demonstration given by a salesperson to inform and persuade potential customers about the benefits of a product or service.

Demonstration

A demonstration in sales is a direct presentation or exhibition of a product or service's features and benefits, aimed at persuading potential customers to make a purchase.